BitcoinDiupdate Bitcoin's local perspective 07.10.24
Now, BTCUSD has formed an ascending pattern AMEXP (yellow)👇
that describes a correction within the previous descending pattern AMEXP (red)👇
If now the price can break through the $64,076-$64,236 zone, we may see a continuation of growth with targets at $64,738 and $64,955, followed by a correction to the range around the $62,368 level.
After that, we will have to watch the reaction to this zone and the trend line in more detail, as there is a possibility to go to $66,000, and there is a possibility to renew the swing low and say hello to $57,834 - so the area around the $62,368 level will be an important place for decision making.
BTCUSD has formed an ascending pattern AMEXP (yellow)👇that describes a correction within the previous descending pattern AMEXP (red)👇
If now the price can break through the $64,076-$64,236 zone, we may see a continuation of growth with targets at $64,738 and $64,955, followed by a correction to the range around the $62,368 level.
After that, we will have to watch the reaction to this zone and the trend line in more detail, as there is a possibility to go to $66,000, and there is a possibility to renew the swing low and say hello to $57,834 - so the area around the $62,368 level will be an important place for decision making.
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As we expected in our review on Monday, after breaking through the level of $64,000 the price corrected to the level of $62,368, where we are now🤔.
The only thing is, of course, we thought that the price would stay a bit longer above $64,076 and try to test at least $64,738, but the movement was extremely fast ⚡️
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📈 Investing is easier than you're used to
🌐 tsfc.io
🌐 tsfc.io
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.